Coast Capital Savings has donated $500,000 to support Surrey students at Kwantlen Polytechnic University. From left: Steve Lewarne, CEO KPU Foundation; Tracy Arnish, chief member and employee experience officer at Coast Capital Savings; Marlyn Graziano, vice-president of external affairs at KPU; Dr. Alan Davis, president and vice-chancellor at KPU; and Tim Grant, vice-president of development at PCI Development. (Photo: KPU)

Coast Capital Savings has donated $500,000 to support Surrey students at Kwantlen Polytechnic University. From left: Steve Lewarne, CEO KPU Foundation; Tracy Arnish, chief member and employee experience officer at Coast Capital Savings; Marlyn Graziano, vice-president of external affairs at KPU; Dr. Alan Davis, president and vice-chancellor at KPU; and Tim Grant, vice-president of development at PCI Development. (Photo: KPU)

Coast Capital Savings donates $500K for Surrey students at KPU

Bursaries provided to Newton, Whalley, Surrey Central or Guildford residents

Coast Capital Savings has donated $500,000 to support Surrey students at Kwantlen Polytechnic University.

The Coast Capital Savings/PCI Development Endowment, according to a release from KPU Wednesday (March 6), will generate $25,000 annually to provide five $5,000-bursaries each year to support Newton, Whalley, Surrey Central or Guildford residents who are enrolled at KPU.

The new donation came from negotiations between Coast Capital Savings and developer PCI when planning the credit union’s new King George Boulevard headquarters, according to the release. The bursary eligibility criteria, reads the release, “reflect the donor’s wish to help students from neighbouring communities.”

“Coast Capital Savings has a rich history as a corporate citizen here in Surrey. With our new building, we have made the conscious decision to put down even deeper roots in the city,” said Tracey Arnish, chief member experience officer at Coast Capital Savings.

“It was important to us that we do something tangible to celebrate our new home, our community and the youth who live and go to school here. This endowment signifies our commitment to building strong, educated and thriving communities for our young people. We are excited to see the great things that this investment will continue to do for the students who receive these bursaries.”

The release says this is the second time Coast Capital Savings has donated “a major gift to support students at KPU.”

In 2009, the company donated $1 million. At the time, the release reads, it was “the largest single donation received by KPU and the biggest single community investment for Coast Capital.”

“Coast Capital Savings was among the first truly transformational donors to the university in its early years,” said Steve Lewarne, executive director of advancement and CEO of the KPU Foundation. “With more than $1.7 million gifted to KPU over the years, Coast Capital Savings has almost $1.3 million in endowed funds with the KPU Foundation.”



lauren.collins@surreynowleader.com

Like us on Facebook Follow us on Instagram and follow Lauren on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Surrey-raised forward Jujhar Khaira in action with Edmonton Oilers. (Photo: nhl.com)
Q&A: Surrey’s Jujhar Khaira credits parents for hard work on his path to NHL

Port Kells-raised player talks about his journey to pro hockey with Edmonton Oilers

An example of a Surrey Police cruiser, showcased at Mayor Doug McCallum’s State of the City Address at Civic Hotel in May of 2019. (File photo: Amy Reid)
OUR VIEW: Surrey Police Service continues to draw from RCMP well

Again, it flies in the face of mayor’s election campaign pitch that Surrey needs a police force whose ranks live in this city

Crews work to clear the aftermath of a three-vehicle collision that occurred Wednesday morning (Jan. 20, 2021) at the intersection of 16 Avenue and 156 Street. (Tracy Holmes photo)
Three-vehicle collision in South Surrey

Extensive front-end damage caused in morning crash

New United States Vice President Kamala Harris (left) and President Joe Biden (right) are sworn in at U.S. inauguration ceremonies Wednesday morning in Washington, D.C.. (Saul Loeb/Pool photos via AP)
Surrey Board of Trade highlights innovation, policy changes as new U.S. president sworn in

COVID-19, border re-opening among issues affecting city, SBOT says

A woman writes a message on a memorial mural wall by street artist James “Smokey Devil” Hardy during a memorial to remember victims of illicit drug overdose deaths on International Overdose Awareness Day, in the Downtown Eastside of Vancouver, on Monday, August 31, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. paramedics respond to record-breaking number of overdose calls in 2020

On the front lines, COVID-19 has not only led to more calls, but increased the complexity

(Black Press Media files)
Transport Canada not budging on enclosed deck rules, despite calls from BC Ferries union

There have been at least 23 cases of the U.K. variant detected in Canada, four of which are in B.C.

The Elk Valley Hospital is adapting to meet the needs of patients in the Elk Valley.
One in five tests in Fernie area coming back positive: doctor

Dr Ron Clark of Elk Valley Hospital said one in five tests was returning positive for COVID-19

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Ralliers gather in front of the Cityviews Village apartment building in Maple Ridge to protest attempts to evict low-income tenants by the building owner. (Ronan O’Doherty - The News)
Tenants protest pressure tactics by new landlord at Maple Ridge apartment building

Protest held in front of Cityviews Village on 223 St. Tuesday to rally against low-income evictions

Throughout December, RCMP conducted CounterAttack road checks as police worked to keep roads free of impaired drivers. (BLACK PRESS file photo)
From the “You can’t make this stuff up” file – stories from the BC CounterAttack campaign

Amusing, yes, but a reminder impaired driving affects ability to drive and to make good decisions

Snow is forecasted to appear in parts of Metro Vancouver this weekend. (Black Press Media files)
Snow forecasted for parts of Lower Mainland this weekend

Environment Canada is predicting flurries and snow from Saturday to Monday evening

(Thesendboys/Instagram)
Video of man doing backflip off Vancouver bridge draws police condemnation

Group says in Instagram story that they ‘don’t do it for the clout’

A Langley woman said she was shaken by the angry encounter. (Google Maps)
Woman shaken after belligerent encounter with unmasked man in Langley store

A man angry about vaccines berated a fellow shopper, a witness said

Most Read